Standard Chartered has initiated coverage on Avalanche (AVAX) with a bullish long-term outlook, forecasting a 10x price increase by 2029. The move follows growing momentum in the digital asset space as market participants begin reassessing winners in the wake of macroeconomic uncertainty and shifting technology fundamentals.
Cardano Foundation has launched Veridian, a decentralized digital identity platform aimed at reshaping how personal and organizational data is managed and secured. Designed as an open-source service, Veridian establishes users as data owners, thereby attempting to alter the global trend of centralized verification.
Cardano has made a name for itself as one of the most trusted and sustainable blockchain platforms, using its proof-of-stake consensus and focus on real-world utility to foster innovation across industries. With projects in education, healthcare, and even governance, it's no wonder that Cardano remains a key player in the cryptocurrency landscape.
Cardano (ADA -7.72%) is plunging on Thursday. The cryptocurrency lost 8.6% as of 1:50 p.m.
After weeks of constrained price action and consistently lower highs, Cardano (ADA) appears to have finally broken free from its bearish grip. A recent analysis by crypto trader TehThomas on the TradingView platform confirms that ADA has broken out on the 4-hour chart, which may be marking the beginning of a more significant trend reversal.
How are the charts looking after this sharp drop? Here's an overview of the most relevant technical signals for Cardano, Ethereum (ETH), and Bitcoin (BTC) charts.
TL;DR WisdomTree expanded its platform to Arbitrum, Avalanche, Base, and Optimism, enabling investment in more tokenized assets. Investors can trade with US dollars or USDC and store their funds in third-party or self-custodial wallets. The offering includes 13 tokenized funds, covering money market, equity indexes, and fixed income with regulatory backing.
What if one of the largest banking groups bet on an outsider rather than the king of the market? In a report that shakes up certainties, Standard Chartered identifies Avalanche (AVAX) as the token to watch by 2029, with an expected performance surpassing that of bitcoin.
The firm also offers a broader selection of tokenized funds, including equity indexes and fixed income strategies.
From bitcoin as a capital preservation tool to some targeting a move toward the $70,000 level, here's how traders are reacting to U.S. tariffs.
TL;DR Veridian is a decentralized digital identity platform that enhances security and control over personal and business information. It utilizes technologies like KERI and ACDC to provide verifiable credentials without compromising privacy. It also offers optional support on the Cardano blockchain.
Global banking giant Standard Chartered published new five-year price projections for three leading cryptocurrencies: Avalanche (AVAX), Bitcoin (BTC), and Ethereum (ETH). According to these forecasts, Avalanche is poised to gain significant ground on both Bitcoin and Ethereum by 2029.
Watr, a blockchain infrastructure platform eyeing the $20 trillion global commodities industry, is set to tap into the blockchain features of the Avalanche network for traction.
Cardano (ADA) faces intense volatility as holders dump their coins amid market shifts. This massive sell-off has impacted the ecosystem within the last 24 hours following the start of a tariff war among the top global economies.
Most of the coins have failed to return to a bullish run, according to CoinMarketCap.
Watr, a blockchain platform designed to bring commodities on-chain, has announced it would be partnering up with Avalanche (AVAX) and migrating to an Avalanche Layer 1 (L1) blockchain, as per the most recent info shared with Finbold on Thursday, April 3.
WisdomTree's giving institutions access to their tokenized funds across Arbitrum, Base, Avalanche, Ethereum and Optimism with its WisdomTree Connect, the team exclusively told Blockworks.
The price of Cardano (ADA) is trading above the critical support level of $0.60 but below the moving average lines and resistance at $0.80.
Standard Chartered has released a report predicting significant price increases for Avalanche's AVAX token, which could see a rise to $250 by the end of 2029.
British multinational bank Standard Chartered says one particular altcoin could substantially outperform Bitcoin in the coming years. According to the bank's analysts, layer-1 blockchain Avalanche's utility token AVAX could jump more than 10X by the end of 2029.
Veridian is a digital identity platform that uses open-source tools to verify identities and authenticate online communication.
Cardano (ADA) struggles at $0.68 with whale selloffs of 200M tokens in March, but analysts see potential for $50.48 by 2025 if it follows historical patterns.
Nonco, an institutional digital asset trading firm, has launched its foreign exchange (FX) onchain initiative on the Avalanche network, aiming to bridge institutional FX liquidity with the stablecoin market.
Japan's second-largest bank, SMBC, is partnering with Ava Labs and Fireblocks to develop a stablecoin, leveraging blockchain technology for cross-border payments.
April 3, 2025 05:24:41 UTC Ripple IPO Date : When Is the Launch Expected? Ripple has not officially announced a date for its Initial Public Offering (IPO), but industry experts predict it could happen within the next 12 to 18 months.
Cardano price started a recovery wave above the $0.680 zone but failed. ADA is consolidating near $0.650 and remains at risk of more losses.
Cardano (ADA), the ninth-largest cryptocurrency by market cap, is trading around $0.68 as the broader crypto market continues to experience high volatility. Over the past 48 hours, ADA has seen significant price swings, briefly rallying 6% on Tuesday before encountering selling pressure.
Cardano's privacy-focused sidechain, Midnight, continues to make progress according to the most recent “State of the Network” report for March 2025. The update details recent progress, community insights, and new collaborations.
Standard Chartered thinks the price of Avalanche's AVAX token could dramatically increase over the next few years, outpacing Bitcoin's gains.
As one of the more serious altcoins in the crypto sector, Cardano (ADA -1.42%) has the shape of an asset that might be ripe for long-term holding. It certainly won't be going to zero anytime soon, and its team of developers isn't about to give up on their quest to upgrade the chain and make it a more appealing place to build applications.
Cardano price has been facing significant price fluctuations recently, with its value hovering around $0.68 as of April 2025. Traders and investors are watching closely to see whether ADA can bounce back to $0.70 or face further declines towards $0.60.
Standard Chartered's Geoffrey Kendrick said he likes Avalanche's approach to scaling, particularly after the recent Etna upgrade.
Japanese TradFi giant Sumitomo Mitsui Financial Group announced plans to launch a fiat-backed stablecoin on the Avalanche network in collaboration with US-based Ava Labs and blockchain infrastructure firm Fireblocks.
Avalanche (CRYPTO: AVAX) could deliver the strongest gains among major digital assets in the coming years, according to Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered. What Happened: In a research note, Kendrick said he expects AVAX to rise tenfold by the end of 2029, outperforming both Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) in relative price growth.
When it comes to crypto gaming, is there any point in taking on the risk that comes with building a “AAA” game — or should studios just focus on simpler mobile games with dynamic economies instead?
Bitcoin (BTC) bulls have pushed the price above the $87,000 level even as US trade tariffs are slated to kick in on April 2. Bitcoin may remain volatile in the near term, but analysts remain bullish for the long term.According to Fidelity analyst Zack Wainwright, Bitcoin is currently in an acceleration phase, which “can conclude with a sharp, dramatic rally” if history repeats itself.
Cardano (ADA) eyes a 100% rally as technical patterns signal a bullish breakout and founder Charles Hoskinson promises Solana-level speed with upcoming upgrades.
Cardano (ADA), the ninth largest cryptocurrency by market capitalization, is currently trading around $0.68 as the broader crypto market experiences volatility. The big question remains — will ADA sustain its rebound or experience additional pullback?
Improved scalability should drive activity and value to the Avalanche network, said Geoff Kendrick.
TL;DR Sumitomo Mitsui Financial Group is collaborating with Ava Labs and FireBlocks to develop a stablecoin with blockchain infrastructure. The supply of stablecoins on Avalanche increased by 70% in one year, but the lack of DeFi usage prevented it from boosting AVAX demand.
Sumitomo Mitsui Financial Group (SMBC), a Japanese banking and financial services conglomerate, along with business systems firm TIS Inc, Ava Labs — the developer of the Avalanche network — and digital asset infrastructure company Fireblocks, have signed an agreement to explore a framework for commercializing stablecoins in Japan.Under a Memorandum of Understanding, the companies will focus on developing strategies around issuing and circulating stablecoins pegged to the US dollar and Japanese yen, according to a joint announcement. Additionally, the collaboration will explore stablecoins as a settlement mechanism for tokenized real-world assets such as stocks, bonds, and real estate.
The crypto market spent most of March on a steady downtrend. Cryptocurrency prices across the board struggled on a downfall as investor caution and a lack of momentum suppressed the bullish narrative that dominated January and early February.
VanEck has filed for approval for a new spot exchange-traded fund (ETF) tracking the price of BNB, the native crypto of the Binance-linked BNB Chain.
Cardano price is on the verge of a 25% crash amid a looming death cross on its 1-day chart, which signals that the bearish trends are growing strong. The spiking volatility in the broader crypto market due to the looming Liberation Day tariffs by President Trump makes it more likely for this downtrend to happen.
Cardano (ADA) has held strong at key support levels, with investors eyeing a potential rally once the crypto market recovers. But a top meme token is leaving Cardano - what does this mean for its future?
Sumitomo is the latest example in a roster of firms eyeing the booming stablecoin market, which has grown 50% to around $230 billion in a year.
According to a report by Nikkei, SMFG, which operates Japan's second-largest bank, SMBC, is partnering with Ava Labs and Fireblocks to develop a new stablecoin. The stablecoin project aims to make cross-border payments faster and cheaper.
Cardano price has been on a downward streak for the most part of the year, but its fundamentals provide an underlying bullishness.